US Futures are Lower After Investors Weigh Chairman Powell’s Comments #InterestRates #FOMC #Dovish

US futures are lower this morning as investors are weighing the Fed’s monetary policy and Chairman Powell’s comments. The Fed announced they are forecasting no more rate hikes in 2019 and they will be putting an end to their tightening cycle by September. While this is dovish, these moves from the Fed drive worries about the overall economy. European markets are trading mostly lower with banks leading the way lower. Markets in Asia closed mostly higher as investors there welcomed the dovish moves from the Fed.

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